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The ship recycling market gained ground last week, as supply remained short. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian

Why maintenance records matter at handover Marine insurers have long emphasised that maintenance records should follow the vessel at changes of ownership or management. Gard addressed the issue in a

Waiting time reached multi-month highs. The average vessel waiting time at Port Hedland rose to approximately 8.7 days in the week to 17 July, up from about 8.4 days a

Ship owners kept contracting more newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa noted that “newbuilding activity continued this week, with fresh ordering interest emerging

From the Red Sea to the Strait of Hormuz, overlapping conflicts have disrupted major trade routes and challenged the assumptions on which war risk coverage has long depended. This escalation

Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the Middle East conflict. Summarising their latest update

Demand for coal cargoes could rise in the near future, as further disruptions in LNG flows appear to be the norm, after the latest escalation. In a recent weekly report,

AXSMarine’s live fleet tracker recorded 728 tankers in the Arabian Gulf following the renewed escalation around the Strait of Hormuz. Crude tankers accounted for 179 vessels (24.6%) of the total

China’s rise as the world’s dominant light vehicle (LV) exporter is no longer a trend, it is a structural shift that is fundamentally reshaping the global Vehicle Carrier market. In